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Displaying items by tag: Recovery Plan

The Irish Exporters Association (IEA) has welcomed the publication of the Government’s ambitious National Economic Recovery Plan 2021.

The Association, which has long called for an economic restart plan in the wake of Covid-19, believes that the Plan is a key part to the country’s route to a future steeped in sustainable growth, trade and investment.

Yesterday’s announcement bridges the gap of uncertainty that has loomed over businesses small and large for too long and gives businesses direction for longer term planning, which has been overshadowed by world events.

Chief Executive of the Irish Exporters Association Simon McKeever commented: “Exporters have faced untold challenges over the past year with both Covid-19 and Brexit simultaneously altering supply chain operations and trading routes. Yesterday’s announcement will be met with relief, albeit challenges remain and alterations in how businesses trade may become permanent arrangements.

Ensuring that there is a balanced and inclusive recovery as set out in the Plan is appreciated. There is a real opportunity for altered working arrangements to achieve better regional development and indeed contribute to achieving national climate targets.

We particularly welcome that the Plan embraces sustainability and includes it among the four pillars. Decarbonisation is fundamental to achieving the national and indeed the EU aim of carbon-neutrality by 2050. Actions must be taken now to achieve this and the opportunity of reinvigorating the Irish economy through the National Economic Recovery Plan is an apt opportunity.”

Published in Ports & Shipping

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.

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